House prices to continue climbing but at slower rate

Last year saw the sharpest rates of house price growth in seven years and 2015 will see further price increases, although at more modest levels, according to the latest house price survey from MyHome.ie.

The report, produced in conjunction with DKM Economic Consultants, found although asking price nationally average rose by 2.6 per cent to €194,000 during the 2014.

While strong transaction activity was reported last year, uncertainty over a number of new developments is expected to dampen the rate of price increase in 2015, the report found.

Read the full story in the Irish Times

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